Nabiullina promised to expand the functionality of the digital ruble: the Central Bank plans to test offline payments with the digital ruble
The Bank of Russia intends to increase the technical capabilities of the digital ruble, said the Chairman of the regulator Elvira Nabiullina. In the near future, it is planned to test calculations with a new type of currency without connecting to the network.
The Bank of Russia intends to increase the technical capabilities of the digital ruble, said the Chairman of the regulator Elvira Nabiullina. In the near future, it is planned to test calculations with a new type of currency without connecting to the network.
“Now we, together with Russian developers of secure SIM cards, are preparing a solution that will allow a person to pay in digital rubles even where there is no mobile Internet,” Nabiullina said at a meeting of President Vladimir Putin with the government. The regulator does not exclude that in the future cross-border settlements can be carried out through the digital ruble.
Clients of the 36 largest Russian banks can open an account in digital rubles from September 1. They were started by about 200 thousand Russians. The Bank of Russia plans to test the issuance of loans using digital currency by 2029.
